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Tom Kimbis - GW Solar Symposium 2012

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Tom Kimbis - GW Solar Symposium 2012

  1. 1. The Dynamic and Growing U.S. Solar Market Thomas P. Kimbis Vice President Solar Energy Industries Association© 2012 SEIA © 2012 SEIA
  2. 2. About SEIA• Founded in 1974• U.S. National Trade Association for Solar Energy • 1,000+ member companies from around the world • Members from across 50 states • Largest companies in the world as well as small installers• Our Mission: Build a strong solar industry to power America• Our Goal: 10 gigawatts (GW) of annual installed solar capacity in the U.S. by 2015 © 2012 SEIA
  3. 3. Solar in America: Strong and Getting Stronger • 100,000 American workers in solar – double the number in 2009 – at 5,600 companies across the country • One of the fastest growing sectors of the U.S. economy – with 109% growth in PV installations in 2011. • More than 4,460 MW of installed solar electric capacity © 2012 SEIA
  4. 4. Industry Overview • The value of solar installations grew to $8.4 billion in 2011 • Solar employment more than doubled from 2009 to 2011, topping 100,000 American workers Value of PV Installations U.S. Solar Workforce $9.0 120,000 $8.0 100,000 $7.0 $6.0 80,000Billions ($) $5.0 60,000 $4.0 $3.0 40,000 $2.0 20,000 $1.0 $- - 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 SEIA Estimate SEIA/GTM Research SEIA Estimate The Solar Foundation SEIA/GTM Research U.S. Solar Market Insight: Year In Review © 2012 SEIA
  5. 5. U.S. Solar Business Locations in 2011 © 2012 SEIA
  6. 6. What the Future Holds– Looking Ahead• In 2012, we’ll see near-term challenges for the industry, especially for manufacturers• Since the beginning of 2010, 52 new U.S. solar manufacturing facilities have begun operations across America• By 2014, the U.S. is projected to become one of the world’s largest solar markets, alongside China and possibly Japan © 2012 SEIA
  7. 7. Solar Market Insight: Year in Review 2011 • Detailed data on markets in top 23 states available in full report. • Free executive summary provides national aggregate data on installations, pricing, manufacturing and demand forecasts. • Full report for sale includes detailed market segment and state data. © 2012 SEIA
  8. 8. U.S. Solar Industry Continues Strong Growth • PV demand grew 109% in 2011 U.S. PV Installations 2000 1800 1600 1400 Installed Capacity (MWdc) 1200 1000 800 600 400 200 0 2005 2006 2007 2008 2009 2010 2011 Source: SEIA/GTM Research Solar Year Q1 Q2 Q3 Q4 Market Insight, "2011 Year In Review" © 2012 SEIA
  9. 9. PV System Prices Falling Dramatically Average Installed Price of PV $12.00 $10.00 $8.00 $/W $6.00 $4.00 $2.00 $- 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Source: SEIA/GTM Research Solar Market LBNL "Tracking the Sun IV" SEIA/GTM Research Insight, "2011 Year In Review" © 2012 SEIA
  10. 10. U.S. to Lead in CSP• California, Arizona and Nevada are leading states• The current CSP pipeline contains over 5,000 MW of projects with signed PPAs CSP & CPV Forecast 2,200 2,000 1,800 1,600 Megawatts (Mwac) 1,400 1,200 1,000 800 600 400 200 - Source: SEIA/GTM Research Solar Market Insight, "2011 Year In Review" Installations Forecast © 2012 SEIA
  11. 11. U.S. PV Demand Forecast to Grow 53% in 2012 toOver 2.8 GW U.S. PV Installations Forecast 9000 8000 7000 6000 Megawatts (DC) 5000 4000 3000 2000 1000 0 2008 2009 2010 2011 2012E 2013E 2014E 2015E 2016E Annual Installations Q1 Q2 Q3 Q4 Projected Installations Source: SEIA/GTM Research Solar Market Insight, "2011 Year In Review" © 2012 SEIA
  12. 12. Status of Market Diversity 2011 Annual 20112011 PV Installations by Major Market State Installations Ranking California 542.2 1 New Jersey 313.3 2 Rest of U.S. 20% California Arizona 273.2 3 29% New Mexico 115.8 4 Colorado 90.8 5 Next Five States New Jersey Pennsylvania 87.9 6 34% 17% New York 59.9 7 North Carolina 54.8 8 Texas 47.1 9 Nevada 43.6 10 © 2012 SEIA
  13. 13. SEIA’s 10 GW Goal Within Reach• SEIA’s goal of 10 GW annually by 2015 is achievable, but additional policies are needed, including: – Policies to support financing of solar projects, such as the Section 1603 Treasury Program – Long-term power purchase authority for federal agencies – Development of alternative financing mechanisms – Removal of local barriers to solar deployment © 2012 SEIA
  14. 14. PV Manufacturing Across the U.S. © 2012 SEIA
  15. 15. Growing Importance of U.S. Solar Market U.S. PV Installations and Global Market Share 9000 16.00% 8000 14.00% U.S. Share of Global PV Installations 7000 12.00% Annual Installations (MWdc) 6000 10.00% 5000 8.00% 4000 6.00% 3000 4.00% 2000 1000 2.00% 0 0.00% 2005 2006 2007 2008 2009 2010 2011 2012E 2013E 2014E 2015E 2016E Source: SEIA/GTM Research Solar Market U.S. PV Installations U.S. Global Market Share Insight, "2011 Year In Review" © 2012 SEIA
  16. 16. International PV Forecast Annual Installed PV Capacity Projections 10,000 9,000 8,000 7,000 Installed Capacity (MWdc) 6,000 5,000 4,000 3,000 2,000 1,000 - 2012E 2013E 2014E 2015E 2016E Germany Italy China U.S. Source: SEIA/GTM Research © 2012 SEIA
  17. 17. SEIA Membership • SEIA is working to build a strong solar industry across America • SEIA members receive the following benefits: – Registration and exhibiting discounts at SEIA conferences and tradeshows – Free registration for member webinars each month – Exclusive access to the SEIA solar tax manual – A free, optional listing in the SEIA member directory – Discounts on industry reports – Job postings – Members-only access to the Small Business Resource Center, a set of tools to help small businesses grow • To join, visit: http://www.seia.org/cs/join_seia. • For more information, email membership@seia.org. © 2012 SEIA
  18. 18. Thank YouThomas P. Kimbistkimbis@seia.org © 2012 SEIA

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